World gold prices dropped sharply in the context of the rising USD index. Recorded at 0:00 on October 9, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 102,340 points (up 0.04%).
World gold prices faced a wave of selling when a senior official of Hezbollah expressed support for Lebanese officials' efforts towards a ceasefire. Market participants are seeing the news as a easing of tensions in the Middle East.
Not only gold, news about Hezbollah has "sunk" the crude oil market - a commodity that is closely related to precious metals. Nymex crude oil price decreased by about 3.75 USD/barrel to 73.5 USD/barrel.
💎
GOLD buy 2617- 2615💎
✔️TP1: 2625
✔️TP2: 2635
✔️TP3: OPEN
🚫SL: 2609
💎GOLD sell 2637- 2635💎
✔️TP1: 2625
✔️TP2: 2615
✔️TP3: OPEN
🚫SL: 2643
World gold prices faced a wave of selling when a senior official of Hezbollah expressed support for Lebanese officials' efforts towards a ceasefire. Market participants are seeing the news as a easing of tensions in the Middle East.
Not only gold, news about Hezbollah has "sunk" the crude oil market - a commodity that is closely related to precious metals. Nymex crude oil price decreased by about 3.75 USD/barrel to 73.5 USD/barrel.
💎
GOLD buy 2617- 2615💎✔️TP1: 2625
✔️TP2: 2635
✔️TP3: OPEN
🚫SL: 2609
💎
GOLD sell 2637- 2635💎✔️TP1: 2625
✔️TP2: 2615
✔️TP3: OPEN
🚫SL: 2643
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🔴24/7 support for newbies.
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PREMIUM CHANNEL ✉️
🔴9-12 signals per day
🔴Free knowledge support
🔴24/7 support for newbies.
🔴You always have priority.
t.me/xauusdtradingfx
🔴9-12 signals per day
🔴Free knowledge support
🔴24/7 support for newbies.
🔴You always have priority.
t.me/xauusdtradingfx
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.